Law Firm Accounting & Bookkeeping

Law firm accounting
and bookkeeping, handled.

Trust accounting, IOLTA compliance, partner distributions, and case-based revenue. Greenlight provides law firm accounting and bookkeeping services so you can focus on your clients.

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Trust Account Management

IOLTA compliant, always reconciled

Quarterly Tax Payments

Calculated, scheduled, submitted

Monthly Reporting

Revenue, overhead, partner draws

20+

Years in Business

8500+

Clients Served

25+

Awards Earned

TRUSTED BY CLIENTS WORKING WITH

Align PR

The Problem We Solve

Law firms have unique financial complexity. Most bookkeepers are not equipped for it.

From trust account compliance to partner distributions, law firm finances require a team that actually understands legal practice.

Trust account mismanagement is a bar complaint waiting to happen

IOLTA accounts require precise tracking, reconciliation, and three-way matching. One error can trigger a bar complaint. We make sure it never happens.

Revenue is case-dependent and hard to forecast

Contingency fees, retainer drawdowns, and settlement timing create irregular cash flow that demands careful financial management.

Partner compensation and distributions are complex

Equity partners, non-equity partners, associates. Getting compensation right every month requires precision your generalist bookkeeper may not have.

Law firms overpay in taxes without proper planning

Retirement contributions, entity structure, and profit-sharing strategies specific to law firms. Most attorneys we onboard had significant room to reduce their tax bill.

Who We Serve

Built for every type of legal practice.

Solo attorneys, boutique firms, and growing practices. We understand the financial and compliance demands of legal work.

Solo Attorneys

Self-employed lawyers managing self-employment tax, trust accounts, and irregular case-based income.

Boutique Law Firms

Small firms with multiple attorneys, shared overhead, and the need for precise monthly financials.

Personal Injury Firms

Contingency-based revenue, settlement accounting, and the cash flow management that comes with long case cycles.

Family Law Practices

Retainer-based income, trust accounting, and the steady overhead of a busy family law practice.

Corporate & Business Law

Hourly billing, retainer management, and the financial reporting that corporate clients expect from their legal counsel.

Immigration Firms

Flat fee and retainer structures, high volume of transactions, and multi-staff payroll managed with accuracy.

What We Handle

Everything behind your law firm.

From trust account reconciliation to partner tax planning. One team manages your entire financial operation.

Trust Account & IOLTA Management

Three-way reconciliation every month. Client funds tracked, disbursements recorded, and compliance maintained without exception.

Law Firm Bookkeeping

Monthly P&L, expense tracking, and revenue reconciliation by practice area so you always know where the firm stands.

Partner & Attorney Compensation

Equity partner draws, non-equity compensation, and associate payroll handled accurately every month.

Tax Planning & Quarterly Payments

Entity structure, retirement contributions, and profit-sharing strategies that reduce what the firm and its partners owe.

Payroll Processing

Attorneys, paralegals, and support staff payroll managed with all tax withholdings and filings handled correctly.

Business & Financial Consulting

Profitability by practice area, overhead analysis, and financial planning as your firm grows.

The Greenlight Difference

Law firm bookkeeping that understands legal practice, not just accounting.

Law firm finances are different. Trust accounting, case-based revenue, and partner structures require a team that knows what they are doing. Greenlight has managed legal practice finances for years.

Trust account compliance, always

Monthly three-way reconciliation keeps your IOLTA accounts clean and your bar license protected.

Partner distributions handled correctly

Equity and non-equity partner compensation calculated and distributed accurately every month.

Tax strategy for attorneys

Retirement plans, entity optimization, and deductions specific to legal professionals that reduce your annual tax bill.

Law firm bookkeeping that understands legal practice, not just accounting

Client Financial Overview

Firm revenue (YTD)$2,140,000

Trust account balance$384,200

Q3 IRS paymentSubmitted

Tax savings via planning$86,400

Net cash position

$910,000

Our client’s success is our success

What Our Clients Are Saying

Very satisfied with services received. Second year of doing my taxes with Eddie, and it's always a fast, uncomplicated and seamless process. His communications are to the point and efficient. Grateful for his swift services; he's made tax season a little less stressful for me!

I have worked with Greenlight for 8 years now. I have always been really happy with their service as they are very professional when it comes to delivering their services. Always quick and accurate with their responses. I could not think of a better company to do my taxes.

I am writing to highly recommend Greenlight Financial for their exceptional accounting services. As a small business owner, I have been working with Greenlight for the past 3 years and have always been impressed by their professionalism, expertise, and attention to detail.

We have been using Greenlight Financial for over 10 years now, they have always stayed on top of or 1 step ahead on everything they have done for us, there customer service is good and they're very tentative to your needs both with financial and tax goals.

I have been working with Greenlight for quite a while now and I couldn't recommend them more highly. Their customer service is above and beyond and they always deliver all of our financial reports in a timely manner.

We have been using Greenlight Financial for a few years, they are a great company to work with. Communication is key and they provide great communication. They have a team of professional individuals that assist with all of our tax needs. I highly recommend them if you are looking for a great company that will make you feel at ease during a busy and stressful tax season.

GLF are hands down the most trustworthy people when it comes to accounting services. As an immigrant starting a tech company I have seen the great value that it has been over the years to work with this amazing team. Thank you for all you do. Let more success come your way, team!

Common Questions

Answers before you call.

Still have questions? Book a free 30-minute consultation and we will walk through everything together.

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Yes. Trust account management is a core part of what we do for law firms. We perform monthly three-way reconciliation to keep your accounts clean and compliant with bar requirements.

Yes. We understand contingency-based revenue, settlement accounting, and the cash flow planning that comes with long case cycles and irregular income.

We manage equity and non-equity partner draws, calculate distributions based on your firm's compensation model, and ensure all tax reporting is handled correctly.

Defined benefit plans, solo 401k, profit-sharing, S-Corp elections, and deductions specific to legal practice. We review your firm's structure and income and build a strategy that reduces what you owe.

Yes. We work with solo practitioners, small boutique firms, and growing practices across multiple practice areas.

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